June 16, 2014

According to a source within WWE, the company is looking to cut approximately $20 million from its budget this year.

This would explain the round of talent cuts made last week, in addition to other production elements which have noticeably been scrapped.

For example, Fandango's golden curtain entrance has been cut, and the scissor lift is no longer being used for Bad News Barrett. The truck WWE used to transport those entrances has reportedly been taken off the road, which is a $250,000 a year savings.